Nankai Electric Railway updates on share repurchase program

Nankai Electric Railway Co., Ltd. announced on November 10, 2025, the latest results of its treasury share acquisition program. From October 1 to October 31, 2025, the company acquired 387,700 shares of its common stock for a total cost of 1,076,985,090 yen through market purchases on the Tokyo Stock Exchange.

This acquisition falls under the resolution made at the board of directors meeting on July 30, 2025. The resolution authorized the repurchase of up to 6,000,000 shares, equivalent to 5.29% of outstanding shares (excluding treasury shares), with a maximum total price of 12,000,000,000 yen. The broader repurchase period for this resolution extends from July 31, 2025, to January 30, 2026.

As of October 31, 2025, the cumulative total of treasury shares purchased based on the July 30, 2025, resolution stands at 4,212,300 shares, with a total acquisition cost of 9,880,125,280 yen.